February 24, 2005

the boston credit crunch '89 " part one



   so its all 
done by adjusting 
the price 
of money 

by jiggering the rate hey ?

fuck u 

---------------------------
  here's amerika's 
   real
loan  capital 
ration system
            laid  plain....

=====================================


the short form :

 a convulsive 
   demand loan call in


followed by a freeze out 

months of doomed howls 


  for near on 
    three  years
  commercial tumble weed 
    blows about 
         the streets of boston 

----------------------------------------
long form:

its 
some time 
   in the first half 
                             of  ‘ 89 

no its exactly 
         " the  brightest moment of   spring"  ‘89 

and
 just about every  local  merchant

wizzard and clown alike 

is   having 
quite an easy  time of it....

its been
oh...
near 7 years now 
   their commercial craft 
  have sailed 
around the annual cycle
 in  ever  bigger
ever brighter 
       l loops

              travelling 
  further out 
  further around 
and bring back 
      the  gold 
                each time.....
 
sailing ho
 with waters calm 
and a   nice  
often  stiff 
always steady 
                 trade wind at  our  backs ... ...

me?
my craft?
 
we’re 
    very much part of the fleet


shit at times I’ll
                     close my eyes 
                            and dream of forever...

------------------------------
yup

 thats how it was

all as inevitable 
as the drop of red apples in october......


---------------------------------

okay 
in retro spect

i’ll conceed
right here up front .....



yes your honors

long before 
the back winds failed
the head waves rose 
and 
the  ice bergs formed 
 
I’d 
done much 
and left
undone much 

yes much


indeed
 very very much

that made  
the impact 
far far worse

of      aahhh 
theeeeee....... 
all to evident
inevitable 
 and
obvious    eventuality
when it 
like the wolf on the fold
            did most surely come 
 
  i repeat

               far worse
                        far  far worse
      my little company
took a pranging far worse 
then 
   the middlin’ 
 sock in the teeeth
taken by say
the 
full production
     run of 
           5-30 mill 
                     retail clinkers .........

but so be it
--------------------------------

as WE   pick up the thread 


tis 
A    spring  morn  

SPRING  INDEED

  AND
WITH A   FEEL 
TO   THE AIR

that sings of renewal


on a day like this 
what the fuck  can 
     I know of end times...

 of 
 how bad isbad
and what specifically
izzzz 
my own personal
        worsed case 

nope
no time for 
how down is out 
for me 


naahhh

 not 
whilst 
this   warmer  season  promise
melts 
   the edges
  of ole  new england’s
rib-bular  heart  

        may’s    blossoms 
now but impending  shoots 
  
                        and  
mateful   birdees 
                 afreshly waked

 now so twitterishly 
                     frolick 
           twig in claw
              from branch to branch 
                          
                        may haps
            the morn’s    air     
            still a hint of jack’s chill

sure 
    but           
        bravely  still 
                          on they  voice
                                    their 
                                       cheery 
                                  churp  churp  churp 

-------------------------------------

no no 

 bloodfilled doom 
    and flame-ish  end times
   are
      no more
then 
           a prigs  piffle today

forget the thoughts of 
                           final tumbrels rolling 


not so  long 
                       as  winters 
store - ed  sap
                        so sweetly 
                                 runeth    free ....

--------------------------------------
(choral interjection here )
 
from  grumpish 
millenial  jury 

 “  fuck   DOC
       whats this shit ?”

“GOODLY PEERS
doth 
    i back in too
my rap 
too   slow ?”

“start I
 too  small and calm?”

 
“okay ......

(to self)

----indeed 
tiz the  snore
 i  must mostest   fear
                       here
              up front
             a jurer
      snoozed 
before I’m  even off ?
           will hang me sure 
                          as cats to vole
                                        wontly slink 
 where fore
i best
    start   else-ishly .......

 aaah let it be 
                 here
where 
dastards
clash and clatter 
bode best to fire fast
the juice of 
   peevish sympathy 
         and
lastingly    focus 
         the innocent
dudgeon of
  mine 
       oh so    unsame-souled 
             belowish  
                          auditors 

  i must perforce
 unleash  my tale’s 
          major
       scoundrels now 
           yes 
   oh     pink --- mind  

now 
and let 
   these 
darkishly  sublime 
    lugrubrious  spirit men 
              play  their
openning  cards
          in this taudry
                  bidnezz     caution    
                                    phantastique 

-------------------------------------------
  to peerage :

.
 so 
   no 
forgive my false ramble 

here’s my 
   proper  first  hassard

and i promise swift advance 

no hand over hand
 up up up 

finger tip 
purchase
by finger tip 
purchase 

we’ll not ascend 
   by way of    the rock face 

no
 i ‘ll  soar above
  and we’ll  rush   
 right to the very  edge 
                        of the abyss\
where perches my company

like eden at the floods first catarack 


i desire
 you all 
get thine
 juices
     flowing first est here  

by a scene
 of bastardly  old dudes
          jagging off
     around a caldron 

now ain’t
that
there
a  teaser 
 t hat  flies 


in this at least

am i not 
         right
                   your worships  ?

----------------------

so we zoom up
and  ahead

to where 
we be inside the beltway 

district of columbia

tis now 
       the following fall 
still of course old ‘89

--------------------------------- 
 here  first
                
      as the lights rise 

find we 

   a long  stately
                               office  table
              
            a gleam with   satans  polish   
  
           and alone at its head
           half lit half shadowed

         that 
    dickensian  visitation

     that
  agelessly decrepit 
                ghoul of 
                        brill kreemed
                              Randian petti-degree  
    
the eminent
   money doctor 
            alan “ taxi dance”
                       greenstain 
  
       who be this mo
     ever so lovingly
                 deliberately
                            softly 
                            self feeding
                        
                   (   its hiz 
                        standard  brakefast bowl 
                          before him
                       cream of wheat 
                    “ my morning poooooo - rrrrage”) 

            and we arrive 
     right 
        there
at a  moment of reckoning 
 
  as him
           who iz 
       so ever 
deeply 
auto- absorbed


(     our outer world 
    removed 
         to 
 the far side of 
these  ever so 
            deeply coffered
     walnut  paneled walls )      
   
          be  turning over 
                     some 
                    recent most   
                              sets of explicit type 
                                            marching
                                                  orders
                        from 
                         the  very   gold deamonz  themselves 

and do you hear ?

theres a buzzz
 just now 


on his intercom

  rustling 
  his pool of contemplation 

     following
         theres a 
          left handed
                  spiderish 
                       reach for a button 

  “who ?”

yes who has the timerity 
   to violate
        our heels 
                         sank-tooey
             
(notice 
        his sterling  
         spoon 
still poised half way)

 

  but with shift of tone remarkable


 there’s a snakish 


“yes yesss yess yess yessssssssssssssssssss
why of courssssssssssse ”
                syl 
certainly 
i’ll take hiz kall ..”

(self quieting  purr here
   perhaps  
               before a chortled  ....)

“ how many times
my dear 
  have i told you   
    i’ll take any kall
      from him 
any time anywhere”

( or
    he might add
    from  any  
one else  
     whose 
kalling
   from a  penthouse’s   
         high above   wall street )

 
   its from “the tooth fairy”

and    perhaps
it comes now 
for nothing more 
reason
then 
 
then 

then 

to make the final move
   feel  arbitrary
  to” the   inside”

but for what ever reason
let the record show 

here 
 over
 his customery  two dollops 
of  morning blanche main 
                                        
 alan  gets
         the big one...

he’s 
 notified 

“ 
 we’ve  decided 
its now .......”

a silent 
aaaaaaaaaahhhhhhh 

“ now.......
              is the   time ”

 the time ?
          you ask 

yes 
the time



the time  to

    “ spring   yer 
  fuckin pip squeak
gren eye shade
 examiners  on banking boston ”

 time to 

 “ send in the    chill doctors”

“unleash    
    the ball  squeezers
  the   portfolio mashers  ”
        

‘ we recommend
alan
you 
   let em all 
       loose at once
not like texas

hit the 
 whole  herd of goats 
    at one  crack....

   frost em and 
butt rodger em 
  all in one session

tell those 
       little old 
   ladies up there 
 spread em gals
cause here comes 
   pier six “

yup thats
 the true first  gunshot
              of 
“operation thunder clap ” 

“Alan
    make em 
   open their mothy 
loan  books 
and have yer boyz
apply  a mercilessly 
                          senselessly draconian 
wildly uneven steven standard

and before they leave up there
  make sure 
they,ve .
tie the mother  fuckers 
down 
with barbed fuckin wire
we don’t want no more
 small pizzant
bibnezz
   loanifyin
round those parts
 till we give 
   further notice
get me ? ”
       .
yes 
his  highnesses
        instructions
were 
likely
that rawly  explicit
seasoned 
with only 
aladdin’z
      cringeful 
sizzly 
           pit viper  
“ yezzzzzzzzzzz 
thy will shallt 
       be done   m’lord ”  
                         
----------------------------------

alternative universe


try imagining it ran 
  something like it didn’t
something like ......:

 “  Alan
  we’ve decide
the end time is at hand
for our little
            festering  problem
up there in bean town.. 

we aaaah 
    want you
to send your  boyz
 up there now
 whips in hand Alan
whips in hand

theres to be 
 no supplications taken

theres 
to  be no nip on knees 

no 
hand ringing crapola  taken
at face value 

no damn 
dip and slide  two stepz  here

cut the fuckin slutz
                     off at the waiste 

get me?  

tell yer creeps  


“     take     no 
             bow wow ‘z
this trip boyz “

“and   no  
aaah sooo aaaah soo’z
either

total subsevience isn’t enough this time

we need to spill some serious blood up there

  no
bull shit  klub foot drag’z
 
   nope

   make it clearer
then a red skins scalp .....

“  two months from now
  i’ll be holdin  yours
            honey
less you wipe this board clean 

either you old fucks 
  liquidate 
the bulk of yer greek fleets 
    now
or
 we come up  next time
                   and 

its strictly chop chop

  we    takeeee

   noh   prisoneeeeeeers ..... 

either you 
cowlicks 
  start tomorrow morning  
    cuttin
  off   tiny  balls 
 by the gross
     or we come back
  here and
    cut off   yours .....................


                get my style suggestion
 here  Alan ?”

 “yezzzzzzzzzzzz walt yezzzzzzzzzzzz ”


 “ get em up there now 
and make  em 
 close the tap........
reverse the fuckin flow
bring those demand lines
   back in house 
and by 
the tens of thousands

we want  those little 
greekanese buggers
   guts ripped out

blow a hole through 
so they sink like
      lincoln’s tomb stone 

  
make it really  hurt 
 
assemble the crew 
for  discipline
you know the right  stuff 
here
     get me

no pussy toe shoes like in dallas 

straight out lash

no more rum 

no more buggary 


make no mistake
 what dimensions
 we’re working  on here

its all dimensions

kill  skin and eat 
anything smaller
then   200 mills  

 close em  off 
leave em brutalized 
leave em
with 
ass holes bigger then 
crater fuckin lake 

do it alan 
now
        with no warning

this is terror time 
               
totlin terror time


    terror terror terror time 
forall those fuckin tiny  bob tails
up there

make em fear
we busted
 the fuckin 
 cap of 
    the hub of the universe 
once and for all

 go go go go 
       prontoooooooooh
tonto  ”
 
CLICK 

and so Alan did

he had his boyz 
tell the bean town banko-teers 

  “kall em  in 
popZ
 
    all yer 
 tiny bubbles 
and right now  ........

and as to the post kall.......

there were
ever so muchly
      of 
            whailing
      and gnashing of teeth 

 as the blood was sucked back out

of 100 thousand bloated ticks 

and now they’re 
 so nicely  drained.........


slam the fuckin door 

shut em  out

declare 

“A CREDIT FAMINE “

SHUT EM OFF
and   
 keep em
  shut off
till “we”  ring the short form :

  just the demand loan crunch 
that climaxes 
          evrery credit cycle 

----------------------------------------
long form:

its 
some time 
   in the first half 
                             of  ‘ 89 

no its exactly 
            spring time of  ‘89 

and
 just about every  local  merchant
wizzard and clown alike 
is   having 
quite an easy  time of it....

sailing
   in  ever  bigger
ever brighter 
         annual loops

              travelling 
  further out 
and  around  each time.....
 
and so its been for  
      oh i don’t know...
   lets say
                 6 years 

sailing ho
 with thiz
 nice   stiff steady  trade wind at  our  backs ... ...

and 
I’m  very much part of the pack


shit at times I’ll
                     close my eyes 
and dream of forever...

------------------------------
yup

 thats how it was

all as inevitable 
as the drop of red apples in october......


---------------------------------

okay 
in retro spect

i’ll conceed

long before 
the winds failed

I’d 
done much to make 
the impact of that  eventuality
when it came 
                far worse
     on my little company......

but so be it

as WE   pick up the thread 
that   spring  morn 
what the fuck do I know of end times...
 of 
 how bad is worsed case 
how down is out 


naahhh not 
whilst 
this   warmer  season  tolls
apon us 

           and the hint of  blossoms pend

                        and  song    birds  afreshly busy 

ahh how 
       them little feathery fucks
                                        get   so up

 so twitterishly  hopish and 
                                                  brave 

is it flight itself 
              that allows such  
                                       cheery 
                                  churpin

there they go again

“  churp  churp churp ”


yes

 at  long  last 
                       all  winters   cautious clogged 
                                                                   sap
                        now so sweetly 
                                          runneth     free ....

--------------------------------------

   fuck whats this shit ?

 i fear 
for sure 
i  back in too  far

start too  small and calm

 

tiz the  snore
 i  must mostest   fear
                 up front

a reader snoozed 
before we’re even off
our branch ?

 where fore
start here

where 
clash and clatter 
bode best to fire fast
a  lasting     focus 
for 
the  mind  phantastique 

-------------------------------------------

.
no 
here’s my purchase


 i ‘ll rush ya  
 right to the very  edge 
                        of the abyss

get your own juice flowing first 
not winter trees

by a scene of old dudes
around a caldron 

theres the teaser 
that  flies 

----------------------

zap

we’re off in space time 
to 
the district of columbia

now forward some
to fall 1989

and 
      enter stage right 
  
               that 
    dickensian  visitation

     that
  agelessly decrepit 
                ghoul of 
                        brill kreemed
                              Randian petty degree  
    
doctor alan “ taxi dance”
                   greenstain   
                
ensconsed 
like an off hour cokoo
    in his  walnut  paneled 
              inner reaches
                                sank-tooey

this fateful  morn
  he’s prolly  
  been thru  weeks 
of 
non stop
“ of course syl 
of course 
   i’ll take that kall 
    i’ll take any kall
      from  my high aboves
      wall street  eagles 
must never wait  ”

 and    perhaps
he’s still  over
 his customery saucer
of  morning blanche main 
                                    “ my     poooooh rage “

when 
  he gets the big one...

the call of calls


his “unofficial” notification




thaaaaaaaaaat 

“ Alan its .......
                time ”

time 
to
    “ set  yer little   
   examiners loose”

on boston

 time to 
  send in the    chill doctors

unleash    
   the  portfolio nags  
        

“let em all 
       loose alan
the first team 

in toto

“ make a splash alan

i needn’t tell you 
like all else 
its about publicity
                        here “

( a FRIGHTFUL  SHARK THIS CUFF

  A POLONIUS AMONG PROFITEERS ) 

----------------
Such was likely 
the call down 

and duly  the host
of hornets 
   swarmed into 
the  little old 
   boston  banks

“ make em 
   open their mothy 
loan  books 
and apply  a mercilessly savagery 
not just 
                     the 
                     jaundiced eye .......
 leave 
     guts and gore  in the board rooms  


are you shocked?
saddened ?

ashamed 
that in our republic
it is this 
               boss X 
 who’s the real demiurge  here ?


that 
He who gives the orders ...
expects 
them to be  taken 

and 
with  but 
      cringeful 
sizzly 
snakish 
“ yezzzzzzzzzzz 
thy will shallt be done ”  
                          in reply  

 to mollify u some 

try imagining it ran 
  something like thiz::

 “  Alan
  we’ve decide
we all agree
we think perhaps it would be best
if we declared
that 
the end time is at hand

that its 
time to klean up 
that  little
ahh...

            festering


  they got going   on
up there in bean town.. 

we aaaah 
   think   you
oughta 
 send your  boyz
 up there  soon
maybe even right now ”

okay ?

same diff really 
it gets done the same 
with either lingo 
right ?

----------------------------


“send em
 whips in hand Alan.....
                 whips in hand”

theres to be 
 no supplications taken

theres 
to  be no buyin
the age old 
 nip on knees 
hand ringing crapola  

no damn it
the little cheese peddlers
better not pull  any 
dip and slide  two stepz  here

if they try....

cut em off at the waiste band

 get me Alan 

tell em 


“ we’re not      takin’     no 
             bow bow ‘z
                   this trip boyz .....
  no  
aaah sooo aaaah soo’z
  no

bull shit  klub foot drag’z”
 
   nope

tell   yer scamps

to   make it clearer
to em
then a red skins scalp .....

 either
they  liquidate 
the greek  sponge fleet now
or
 we come up  next time
       and 
     takeeeeeeee   noooooooh   prison ----- aaaaaaaaarrrrs ..... 

                                             get me Alan ?”

 “yezzzzzzzzzzzz walt yezzzzzzzzzzzz ”


 “ get em up there now 
and make  em 
 close the tap........
reverse the fuckin flow

tell em 
to bring
all  those   chub hooked
demand lines
   back in house 

we want mayhem 
loose
in the hen yard up there

yank yank yank

 by 
the tens of thousands

we want  those little 
greekanese  sponge beetles
   so buggered
we push 
their 
  pink ass  guts come out their mouths 

blow a hole through 
the hulls 
big enough
to sink em

we ned sinkings Alan
not distress

SINKINGS...

make em
 sink like
      lincoln’s tomb stone 

  
makeem scream 

we need to teach lessons here


the small shop credit world woodstock is over

no more
“ consequence free lending ”  
 
assemble the crew 
for  discipline stuff

 get me

in our biz
the credit biz
 its all about 
rum buggar and the lash


make no mistake 
what dimension 
we’re working here

 close em  down  
leave em brutalized 

do it 
        with no warning

this is terror time 
               alan
    terror time 
for  the bob tails
up there
  at  the hub of the universe 
so go go go go 
       prontoooooooooh
tonto  ”
 

and so Alan did

he had his boyz 
tell the bean town banko-teers 

  “kall em  in 
pop 
  half of  all yer 
 tiny bubbles 

and right now  

and as to the post kall
            little spongers
               whailing
      and gnashing of teeth  

sure the  boobs
are 
 hangin’
 by their finger tips 

stomp  
on those  finger tips

tell em
the next two years
we’re plannin on 
a small fry
credit famine  

we’re shuttin em off
and we’re 

 keepin’  em
  shut off

go hit yer books 
and hit em hard

till we ring 
for recess  “
-----------------------------------

“keep yer kool and  kalm 
  makes em more panicky
when you ice em
   
 play it kool  
but show your teeth

let your smiles
do the deeper   threatenin’

let your smiles 
say it all for ya 
 
 sure you wanta
   tell em
their finished 
washed up
done for 
ruined forever
they need to really feel that
 
butdo it 
dig it in
 only
with yer blinkless eyes  

“done  right 
we can chasen a whole generation 
of litle greek  bizzzers here  ” 


most of all 
make those collectors release

“ if you klownz
          don’t bring in 
the cubes of thousands
    all  under weight of course 
  then sure
as a hatchet 
slices  a hens neck  
ole doc  greenspitz  
gonna  wack off
your pecker  ”


so 
read your bunyon boys
and go get em...

and 
get up there they did

that very day 
  the boyz  
 started
    threatenin’ 
to  rip some 
                   guts out unless...

and they didn’t 
 leave 
till
all them yankee 
 stuff shirts
 knew 
all the way to the pips on 
their  wing tips
that  100 thousand 
 small frys’ must go under
 noow


yes 
 100 thousand 
torpedoes 
were in the water
headed for  clueless 
             small hulls
                           by friday 
     


“Alan you now the drill
 time is everything
  
we gotta blow  
this  wod off 
       faster then
           fuckin  mattress jack  
                                            inside Angie Dickenson     ”
   
and  so it happened......

 all at once
  across the entire six state  region   
  local  high toned  three piecers
got yanked
and the  shylocks
took over 
and of course 
when they also 
  started 
“turnin off the taps ”

the howl of shocked  horror 
   could be heard ......
-------------------------------------
 bap
 bap bap
the sound 
of all  those little codz 
gettin their necks 
snapped back  around 
that sudden 
yankin back  
on their lines
after runnin away with em for years....

shit 

 callin  in 
             their  “ on demand ‘s ” 

and cryin
for the first time in 7 years
“ send the weeny to work out
 work out  work out
and more work out “

there were prolly  
ten  
“nyet nyet nyets”
ten
“ send us the money 
             noow ass bone 
             do you get me 
                       you fuckin nullity
                                 all of its due
             nooow  ” 

ten of em 
for every

  “ of course 
   mister big ballz
of course 
we’ll roll your loan  over  
and heres an extra .....”
----------------------------------------

yes the green goblin’s
   range riders 
       made it simple:

 “ clear the books fast  boyz
before we hit ya all
             with a texas chain saw ”

       so simultaneously 
all over 
the region
tons of  small to middlin 
                                 bidnezzes 
 found themselves
   the victim 
            of  
one huge  cash drainage project 

followed by 
  nearly three  years 
           of  hideously bleek 
                       credit  famine conditions 

‘fuck got to be 
       like somethin out of john bunyon 
around here
and it went on  till ..... 
well hell
  till .......
         almost clinton “

-----------------------------------------
  
forget the reality
of gods and services

and just think about the 
   commercial nexus
that like leibnizes monads 
mirror  the material system 

but two non leibnitz moments here

there’s no 
 pre established harmony 
and like descartes logical botch 
the two systems inter act 

the pineal gland here:

the loan banks ”

between 
   on the one side
 this complex  interlacery
of  deposit accounts payables and recievables

and thetangible  reality 
           of “goods and services”
       we have bankers 
the gods in the interstices 

 
 depository accounts 
are like  little wells 
filling and emptying
as bills are paid 

where its holy water
not  just H(2)O ? 
  IS WITH CREDIT

 credit and its evil twin  debt 
unlike real water
allow missing water to flow too
not only more or less 
but 
 minus numbers too  

yes its  vital 
like a huge irrigation system
in the dessert is vital
but unlike irrigation

this systems water 
can be created 
and taken away
           on the spot 
by the powers that be ....


the miracle?

crops here
  can grow 
merely  on the promise of water to come ..

a land of magic gargens
   wqhere  holy water abounds

 and symbol often 
                  trumps  substance 

----------------------------------
  
so okay
 comercial  banks
“control ”
  the holy  water  sources
 the credit  tanks  


in “good times” 
its those
solemn  jack asses
  that decide 
   where  
the holy water  flows
 
how much and to whom 

there qualifications?

“ mostly 
they just keep 
  their mouths shut
   and dress right ”

 all the needy  little greek guyz
go to them 
for  lines  
 to show 
lines  
  to make their  crop
                         grow  bigger
 

future installments 

will show 


how the holy water stays put  
     in the banks account books 

    costlessly 
 puttin more holy water   
           in the tanks  ?
 

           for recess  “



next post:

“ the pink faces the muse-ack “

===========================================
Posted by pinky at February 24, 2005 06:05 AM
wild baby wild

Posted by: WISE ACRE at February 24, 2005 06:24 AM

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